ROYAL PALM BEACH, FL-Abbassi Properties LP has purchased a separate retail building located at 10641 Southern Blvd. in Royal Palm Beach for $3,680,000. AutoZone has occupied the building measuring 7,200 square feet for an absolute net lease for 20 years.
In the deal, CB Richard Ellis' team of brokers, including Mark Drazek, Bill Strauss, Todd Weintraub and Dave Donnellan, negotiated on behalf of the seller, Southern Restaurant LLC.For the full story, go to Florida Real Estate Journal.
GlobeSt.com News Hub is your link to relevant real estate and business stories from other local, regional and national publications.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.